Crypto News

- Morgan Stanley to offer crypto trading in surprise move Morgan Stanley is preparing to launch crypto trading for retail clients through its E-Trade division, marking one of Wall Street’s boldest steps yet into digital assets. The move comes just days after the bank’s chief investment officer (CIO) recommended gold over Bitcoin as a hedge against inflation. According to a memo obtained by CNBC, Morgan Stanley will begin offering crypto trading in the first half of 2026 via a partner model, working with crypto infrastructure firm Zerohash for liquidity, custody, and settlement. “We are well underway in preparing to offer crypto trading through a partner model to E-Trade clients in the first half of 2026,” said Jed Finn, Morgan...

- Fold Stock Pops, Then Plunges After Revealing Bitcoin Rewards Visa Credit Card Plans Bitcoin financial services company Fold Holdings announced Tuesday that its previously delayed BTC rewards credit card will run on the Visa network thanks to a team-up with financial infrastructure firm Stripe. But while Fold’s stock (Nasdaq: FLD) started off hot on the day, it quickly plunged. The Fold Bitcoin Credit Card will let users accumulate Bitcoin through everyday spending, offering up to 3.5% back on all purchases with no spending categories or deposit requirements, the company said. Users earn an unlimited 2% back instantly, plus up to 1.5% additional when paying through their Fold Checking Account. Enhanced rewards of up to 10% are...

- "AI Helped Power Crypto Rally: Novogratz" Galaxy Digital Founder and CEO Mike Novogratz Comments on Crypto Trends Mike Novogratz, the founder and CEO of Galaxy Digital, recently shared insights on the latest movements in cryptocurrency prices. According to Novogratz, artificial intelligence played a significant role in powering the recent rally in crypto markets. He further discussed the potential impact that cryptocurrency prices could have on stocks. Crypto Legislation as a Catalyst Novogratz emphasized the importance of crypto legislation, describing it as a "big deal." He believes that the implementation of such laws will significantly boost participation in the crypto market. This regulatory clarity could potentially unlock...

- Morgan Stanley is preparing to bring cryptocurrency trading for E-Trade clients in the first half of 2026, a move that could open access to as much as $1.3 trillion in trading volume. The Wall Street giant is partnering with crypto infrastructure provider Zerohash to support liquidity, custody, and settlement, marking one of the most significant steps yet by a major U.S. bank into digital assets. Morgan Stanley Opens Phase One of Digital Asset Platform With Direct Coin Trading According to Bloomberg, the offering will begin with Bitcoin, Ether, and Solana, with plans to expand to a broader range of services. The service will begin with spot trading for the three largest cryptocurrencies by market value, but Morgan Stanley...

- SEC Chair Paul Atkins said Tuesday that he aims to institute an “innovation exemption” for certain digital assets by year's end, in the most tangible sign yet of how quickly the regulator’s aggressive pro-crypto push is taking shape. Atkins gave the timeline update this morning during an appearance on Fox Business, in which he also announced plans for the SEC to complete certain crypto rulemakings “in the coming months.” In July, Atkins unveiled “Project Crypto”—an SEC initiative to dramatically lower regulatory burdens for the crypto industry and to accelerate the integration of digital assets with the traditional U.S. economy. Teased elements of “Project Crypto” include exemptions for crypto transactions that would otherwise be...

- Arthur Hayes: 'Hyperliquid is Facing its Gentrification Moment' In today's Markets Outlook, CoinDesk's Jennifer Sanasie and Sam Ewen sit down with Chief Investment Officer at Maelstrom and Co-founder of BitMEX, Arthur Hayes, from Korea Blockchain Week for a no-holds-barred conversation on all things crypto. Arthur shares his unique insights on the South Korean crypto market. Plus, he gives his prediction for bitcoin by the end of the year and explains what was behind his recent decision to exit a major HYPE position. This article has been published in coindesk.com via Yahoo News. https://finance.yahoo.com/video/arthur-hayes-hyperliquid-facing-gentrification-161932578.html

- Ethereum Founder Vitalik Buterin Says L2 Base Is ‘Doing Things the Right Way’ Ethereum founder Vitalik Buterin had kind words for Coinbase’s incubated L2 Base, saying the network is “doing things the right way.” Buterin argued the network has been using its centralized aspects to provide better UX for users while still relying on Ethereum’s decentralized base layer for security. An L2, or layer-2, is a network built on top of another blockchain—in this case, Ethereum. They’re designed to process transactions in batches off of a mainnet, usually faster and cheaper, and then send confirmation back to the L1. After debuting in August 2023, the network has grown to hold $15 billion worth of assets. That’s not an all-time high, though...

- Lummis Pushes for Bitcoin ATM Safeguards Amid Mounting Scam Concerns U.S. Senator Cynthia Lummis (R-WY) has called for stronger safeguards around cryptocurrency ATMs, amid growing concerns that the machines have become a favoured tool for scammers preying on seniors. Lummis said she intends to address the problem in upcoming market structure legislation she is co-sponsoring with Senator Kirsten Gillibrand (D-N.Y.). “This is something that has concerned me for a long time, and Senator Gillibrand and I first introduced legislation stopping bad actors in the crypto kiosk space in 2023,” Lummis tweeted on Monday. “This is just one of the issues we hope to address in market structure.” The push comes as law enforcement and regulators...

- The total number of crypto millionaires and billionaires has grown by 40% and 29% respectively over the course of the last year, according to the Crypto Wealth Report published by investment consultants Henley & Partners. Based on data ending on June 30, the report indicates there are approximately 241,700 crypto millionaires and 36 crypto billionaires globally, setting new records for crypto wealth. “This significant growth coincides with a watershed year for institutional adoption, highlighted by the first-ever cryptocurrencies launched by a sitting U.S. president and first lady,” the report reads. Bitcoin’s sharp rise played the biggest role in creating new wealth, with Bitcoin millionaires alone jumping 70% in the last 12...

- Hyperliquid's Market Share Collapses 38% The on-chain perpetuals market is in flux with Hyperliquid's market share plummeting while rivals like Lighter and Aster surge ahead. In today's "Chart of the Day," the dramatic shift and intense competition raise questions about the future of decentralized trading. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/hyperliquids-market-share-collapses-38-150158364.html

- American Express Introduces NFT Travel Stamps For Customers Forget fridge magnets, American Express is letting users turn their travels into blockchain collectibles that never fade. U.S. cardholders can now earn "beautifully designed" digital collectibles that visually represent the countries they visit when they use their cards abroad, Amex announced on Sept. 15. The so-called stamps can be customized with trip highlights and shared with friends and family via text, the company said. Amex said the stamps are stored as NFTs on the Coinbase-incubated Ethereum Layer 2 Base, but have no monetary value and cannot be transferred. It is Amex’s second collaboration with Coinbase in recent months. In June, Coinbase announced the Coinbase...

- Morgan Stanley to offer crypto trading on E*Trade platform through Zerohash tie-up (Reuters) - Morgan Stanley will offer cryptocurrency trading on its platform E*Trade from the first half of 2026 through a partnership with Zerohash, an infrastructure provider for digital assets. At launch, E*Trade clients will be able to trade bitcoin, the world's largest crypto token, as well as ether and solana, a spokesperson for Morgan Stanley said on Tuesday. Once a niche asset class dismissed as speculative, cryptocurrencies have grown into a market worth trillions of dollars over the past decade, drawing in Wall Street banks, asset managers, and retail investors alike. The Trump administration's supportive stance on regulations has also...

- According to a Monday press release, CleanSpark (CLSK) has expanded its capital strategy with a new $100 million bitcoin-backed credit facility from Coinbase Prime. The company intends to deploy the funds into its energy portfolio, bitcoin mining operations, and, importantly, investment into high-performance computing capabilities. This morning, shares of CleanSpark surged as much as 10%, driven by investor enthusiasm over the company’s push into HPC campuses alongside its core mining business. The credit facility adds to CleanSpark’s existing credit arrangements with Coinbase Prime and allows the firm to leverage its bitcoin holdings as collateral rather than selling coins or issuing equity. CleanSpark CEO Matt Schultz remarked...

- Will Traders in Asia Drive Next Phase of the Bitcoin Bull Run? Crypto market data shows that cumulative returns in the Asian session are outpacing those in the U.S. and EU. Despite this growing divergence in returns, an analyst shared that the U.S. still plays a pivotal role in shaping how this cycle progresses. Over the past year, the cumulative returns noted in the Asian session hovered around 47%, closely followed by the U.S. and EU with roughly 31% and 29%, according to Velo data. Ryan Lee, chief analyst at Bitget, stated that this is due to “a 69% year-over-year increase in APAC trading volumes, reaching $2.36 trillion by mid-2025.” The primary reason for this uptick, he explained, is regulatory clarity in Hong Kong, boosting...

- CleanSpark's Infrastructure First Strategy Drives Growth CleanSpark, Inc., a Bitcoin mining company, announced that it has increased its Bitcoin-backed credit facility with Coinbase Prime by $100 million. The company, based in Las Vegas, Nev., stated that the financing will be used for strategic capital expenditures, including expanding its energy portfolio, scaling its Bitcoin mining operations, and investing in high-performance computing (HPC) capabilities. The expansion of the credit facility, which is backed by CleanSpark's Bitcoin holdings, is part of a broader strategy to fund growth without issuing new equity. This approach, known as non-dilutive financing, allows the company to leverage its digital assets as collateral...

- Ripple’s RLUSD stablecoin has been integrated into Securitize’s platform, allowing users to exchange shares in tokenized money market funds for the dollar-pegged asset. The feature was enabled through a smart contract, which now serves as another off-ramp for products offered by asset managers BlackRock and VanEck. It functions 24/7, allowing users to access instant liquidity, Ripple added. Ripple’s stablecoin debuted in December. And although it’s much smaller than alternatives offered by Tether and Circle, RLUSD has grown to a market capitalization of $740 million within the past year, according to crypto data provider CoinGecko. In a statement, Jack McDonald, senior vice president of stablecoins at Ripple, described the move as...

- Key Points The crypto market experienced a downturn over the weekend. From Friday morning to Monday evening, Dogecoin fell 13.5% and Solana took an 11% hit. More stable names like Ethereum dropped 8.5% in this four-day span, while Bitcoin saw a 3.8% price decline. Ethereum's and Bitcoin's smaller moves made larger impacts, erasing billions from their market values. The broad crypto retreat was fueled by two intertwined events. Is this drop the start of the next crypto winter, or just another unexpected dip in a generally volatile market? Let's examine. Here we go again with the four-year crypto cycle The crypto market has historically moved in four-year cycles, centered around Bitcoin halving events. This is the fourth cycle...

- Crypto Traders Bet on Fresh Volatility Post $1.5 Billion Wipeout (Bloomberg) -- A more than $1.5 billion round of liquidations has again underscored the fragility of cryptocurrency markets, unfolding without a clear trigger and leaving option prices pointing to more volatility ahead. The selloff — one of the largest of the year after months of speculative rallies — forced leveraged bets in Ether and other tokens to be unwound and has left traders braced for further swings. Options contracts that pay out on sharp moves are in heavy demand, underscoring febrile sentiment across the digital-asset landscape, while stocks and other risk assets rally afresh. By Tuesday morning in New York, Bitcoin and Ether, the two largest...

- Sharps Technology Bets Big On Solana With New DeFi Partnership Sharps Technology, Inc. (NASDAQ:STSS) entered into a strategic partnership with Jupiter Exchange, a decentralized finance platform on Solana (CRYPTO: SOL/USD), to integrate Jupiter’s staking infrastructure into its treasury operations. The agreement deepens Sharps’ involvement in blockchain-based finance and strengthens Solana’s network security. Under the deal, Sharps will allocate part of its Solana holdings into Jupiter’s validator through native staking and into JupSOL, the platform’s liquid staking token. The initiative aims to generate yields while supporting the broader Solana ecosystem. The company recently acquired more than two million SOL, valued at over...

- EXCLUSIVE: Silo Pharma Partners With Fireblocks To Advance Crypto Treasury Strategy Acquisition And Security Silo Pharma Inc. (NASDAQ:SILO) on Wednesday announced that it has engaged Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, as custodian for its institutional crypto treasury platform. "Our engagement with Fireblocks is expected to ensure that our newly deployed crypto treasury platform is built with enterprise-grade security and governance standards," said Silo CEO Eric Weisblum. Fireblocks is a platform in the digital assets space, having facilitated the secure transfer of more than $6 trillion to date. Its multi-layer security framework combines multi-party...